Waste & Renewable Energy
Grant Thornton's multi-disciplinary waste and renewable energy
group provide industry-specific, reliable and candid
solutions to organisations across the sector, from
public authorities and not for profit organisations, to
entrepreneurial owner managed business and large corporates. Each
team is staffed by experienced sector specialists
who have immense experience and know-how in their chosen field.
This approach gives our clients a high quality service based on
sound market understanding.
Underpinned by the large number of EU waste directives, in
particular the Landfill Directive, the UK waste management market
has shown significant growth since the turn of the millennium.
There remains potential for growth in the sector, driven by the
following key factors:
- Legislation: there is a growing raft of
legislation designed to reduce reliance on landfill and encourage
responsible waste management.
- Recognising the value in waste: there is
growing recognition that there is value not only in recycled
commodities but also recycled products.
- Recognising the value in waste: large
corporates are increasingly leading the way in moving to zero
landfill and reducing carbon footprint and are therefore focused on
tailoring their supply chain accordingly.
- Energy: security of energy supply is a key
concern, together with key targets for switching from fossil fuels
to renewable sources is causing significant focus on waste as a
source of energy.
- Economics: both financial incentives and
sanctions exist to stimulate recycling and diversion from landfill
and growth in renewable energy.
Grant Thornton is well positioned to help waste
businesses capitalise on this value. A recent example was our
assistance in the disposal of ECT Recycling CIC, a municipal waste
collection and recycling company that operates under long term
contracts for local authorities, to May Gurney in June 2008. This
represented a significant strengthening of May
Gurney's position in the household waste recycling market,
acquiring an order book worth approximately £175m (with available
extensions worth up to an additional £350m). The sale also secured
the future of the remaining businesses within the ECT Group CIC,
which was in financial distress at the time.
For further details of our service, please call or e-mail one of
our following specialists:
Scotland: Nathan Goode call +44 (0)131 659 8513 or
email nathan.goode@gtuk.com
North: Mark Burke call +44 (0)113 200 1527 or
email mark.t.burke@gtuk.com
North: Ali Sharifi call +44 (0)161 953 6350 or
email ali.sharifi@gtuk.com
East: Tim Blois
call +44 (0)1908 359 582 or email tim.m.blois@gtuk.com
South East: Peter Dawson call +44 (0)20 7728 3197
or email peter.dawson@gtuk.com
South West: Nigel Mattravers call +44 (0)117 305
7699 or email nigel.mattravers@gtuk.com
South West: Mark Naughton call +44 (0)117 305 7712
or email mark.c.naughton@gtuk.com